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UFO

Closed

Procure Space Etf

23.48
+0.48 (+2.09%)
Last Update: 24 Dec 2024 23:33:00
Yesterday: 23.
Day's Range: 22.8195 - 23.48
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When Written:
 
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The Procure Space ETF is an exchange-traded fund that invests in companies involved in the space industry. The fund seeks to track the S-Network Space Index, which is designed to measure the performance of companies that are engaged in space-related businesses. This includes companies involved in satellite technology, space tourism, space exploration, and other related activities.

The Procure Space ETF was launched in April 2019 and is managed by ProcureAM, LLC. The fund has an expense ratio of 0.75% and trades on the NYSE Arca under the ticker symbol UFO.

As of September 2021, the fund has over $1.3 billion in assets under management and holds 31 stocks in its portfolio. The top holdings of the fund include Virgin Galactic Holdings Inc., Trimble Inc., and Maxar Technologies Inc.

Investing in the Procure Space ETF provides investors with exposure to the rapidly growing space industry, which is expected to see significant growth in the coming years. However, investors should be aware that the fund is relatively new and may be subject to higher volatility and risk.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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